Dr M said to appoint adviser to recover 1MDB funds


KUALA LUMPUR: Prime Minister Tun Dr Mahathir Mohamad plans to appoint a finance ministry adviser who will oversee efforts to recover billions of dollars allegedly stolen from state fund 1Malaysia Development Bhd (1MDB), two sources told Reuters.

The adviser would be appointed to “restart the 1MDB probe and bring back the money”, said one of the sources, who worked closely with Dr Mahathir’s campaign team. The second source, a lawmaker, said the announcement could come as soon as today when Dr Mahathir is expected to name members of his new Cabinet.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , malaysia , imdb , mahathir

Next In Business News

Singapore roars into the new year
Power struggle unfolds at DFCity
Luxury real estate trends in 2026
Shield against AI hazards
Enhance local content terms
Department stores bet on experiences
Asia to lead next AI wave
FROM BANGSAR TO BEYOND
SC Estate Builder’s hotel acquisition under scrutiny
China’s gold rush continues

Others Also Read